2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
GDP PC 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195

About

Netherlands-British Indian Ocean Territory Trade: In 2023, Netherlands exported $21.4k to British Indian Ocean Territory. The main products that Netherlands exported to British Indian Ocean Territory were Valves ($9.94k), Transmissions ($5.81k), and Other Rubber Products ($1.48k). Over the past 5 years the exports of Netherlands to British Indian Ocean Territory have decreased at an annualized rate of 47.4%, from $533k in 2018 to $21.4k in 2023.

In 2023, Netherlands did not export any services to British Indian Ocean Territory.

British Indian Ocean Territory-Netherlands Trade: In 2023, British Indian Ocean Territory exported $14.8k to Netherlands. The main products that British Indian Ocean Territory exported to Netherlands were N/A. Over the past 5 years the exports of British Indian Ocean Territory to Netherlands have decreased at an annualized rate of 33.5%,  from $114k in 2018 to $14.8k in 2023.

In 2023, British Indian Ocean Territory did not export any services to Netherlands.

Comparison In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08),  and 9 in total exports ($599B). That same year, British Indian Ocean Territory ranked 209 in total exports ($23.5M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $21.4k to British Indian Ocean Territory. The main products exported from Netherlands to British Indian Ocean Territory were Valves ($9.94k), Transmissions ($5.81k), and Other Rubber Products ($1.48k). During the last 5 years the exports of Netherlands to British Indian Ocean Territory have decreased at an annualized rate of 47.4%, from $533k in 2018 to $21.4k in 2023.

In 2017, British Indian Ocean Territory exported $14.8k to Netherlands. There were not main exports from British Indian Ocean Territory to Netherlands in 2017. During the last 5 years the exports of British Indian Ocean Territory to Netherlands have decreased at an annualized rate of 33.5%, from $114k in 2022 to $14.8k in 2017.

Exports from Netherlands (Flag) to British Indian Ocean Territory (Flag) (2023)

Exports from British Indian Ocean Territory (Flag) to Netherlands (Flag) (2023)

Market Competitiveness

Color
Netherlands
Top Destination
N/AN/A
British Indian Ocean Territory
Top Destination
N/AN/A

This map shows whether countries import more from Netherlands or British Indian Ocean Territory. Each country is colored based on the difference in imports they receive from Netherlands and British Indian Ocean Territory or the difference in the growth in imports.

N/A

N/A

Difference in imports from British Indian Ocean Territory (Flag) and Netherlands (Flag) (2023)

Comparative Advantage Netherlands - British Indian Ocean Territory

Flow
Scale

This chart compares trade between Netherlands and British Indian Ocean Territory by product, considering products traded by both, Netherlands and British Indian Ocean Territory.

During 2023, Netherlands had a large net trade with British Indian Ocean Territory in the exports of Machines ($18.7k), Plastics and Rubbers ($1.48k), and Metals ($1.24k).

During 2017, British Indian Ocean Territory had a large net trade with Netherlands in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Netherlands and British Indian Ocean Territory. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over British Indian Ocean Territory. Similarly, a dot/product with the flag of British Indian Ocean Territory indicates it has a comparative advantage over Netherlands.

Product Space of Netherlands (Flag) and British Indian Ocean Territory (Flag) (2023)

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